Lean hog futures are down 17 cents in the nearby February contract, with others up as much as 50 cents. USDA’s national base hog price was reported at $84.38 on Thursday morning. The CME Lean Hog Index was up another 79 cents on Jan 27 at $85.22.
USDA’s Export Sales report showed pork sales at 55,980 MT in the week ending on January 22. Shipments were tallied at 35,923 MT for that week.
